American Musical Theatre of San Jose said Monday that it has closed its operations and will file Chapter 7 bankruptcy this week.
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Hewlett-Packard Co. said Monday it cut about half its information-technology operating costs and implemented other changes that will equate to savings of about $1 billion per year. (HPQ)
Wireless smartphone maker Palm Inc. said Monday it is cutting its work force and consolidating offices, and expects second quarter revenue in the range of $190 million to $195 million and restructuring costs of $7 million to $9 million.
JPMorgan Chase said it will lay off 3,400 Washington Mutual employees in Seattle, about 81 percent of the bank
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